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Okta call volume above normal and directionally bullish

Okta call volume above normal and directionally bullish

Bullish option flow detected in Okta with 5,578 calls trading, 1.4x expected, and implied vol increasing almost 7 points to 37.02%. Aug-24 90 puts and Jul-24 94 calls are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.60. Earnings are expected on August 28th.

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